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  • LIC MF Balanced Advantage Fund (Growth)
LIC Mutual Fund

LIC MF Balanced Advantage Fund (Growth)

HybridDynamic Asset Allocation Or Balanced Advantage

12.0093

NAV (Apr 16)

7.8%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Outperformance Consistency

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

12.0093

NAV (Apr 16)

Fund Returns

Last 1Y
14.5%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
7.8%
6 Month CAGR
6.8%

Scheme Information

Investment Objective

The investment objective of the scheme is to provide capital appreciation/ income to the investors from a dynamic mix of equity,debt and money market instruments. The Scheme seeks to reduce the volatility by diversifying the assets across equity,debt and money market instruments. However,there is no assurance or guarantee that the investment objective of the Scheme will be realized.

Expense Ratio
2.2
Launched (3y ago)
Nov 12, 2021
AUM in Crores
891.435
ISIN
INF767K01QV6
Lock-in
No Lock-in
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0
Standard Deviation (5yr)
0
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0
Sharpe Ratio (5yr)
0
YTM
7.35
Fund Managers

Rahul Singh

Fund Manager

Yogesh Patil

Fund Manager

Jaiprakash Toshniwal

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
LIC MF Balanced Advantage Fund (Growth)70%10,50,609 3,17,99714.5%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-04-16

Top Stock Holdings

cash offset for derivatives

18.5%
18.5%

7.26% govt stock 2032

8.6%
8.6%

hdfc bank ltd

8.1%
8.1%

icici bank ltd

7.2%
7.2%

reliance industries ltd

6.9%
6.9%
See all holdings

Allocation by Sector

financial services

31.4%
31.4%

technology

10.2%
10.2%

consumer defensive

7.4%
7.4%

energy

7.2%
7.2%

consumer cyclical

6.1%
6.1%
See all sectors

Comparison with Hybrid Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Equity & Debt Fund (G)
ICICI Prudential Equity & Debt Fund (G)

₹ 33,502 cr

₹ 10,737 cr

₹ 1,868 cr

₹ 1,829 cr

₹ 741 cr

amc-img

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 22,941 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 48 equity,45 debt and 36 hybrid funds.amc-img
phone-img022-66016000
Fund NameScripbox Opinion
Till Date CAGR

4.5%

7.7%

4.5%

6.6%

4.5%

6.6%

15.2%

5.9%

32.2%

8.8%

LIC MF Balanced Advantage Fund (G) Review

LIC MF Balanced Advantage Fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 7.8% over a period of 2 years. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund managers are Jaiprakash Toshniwal, Rahul Singh, Yogesh Patil.

Nav of LIC MF Balanced Advantage Fund (G) as of 4/16/2024 is ₹12.01 with the total AUM as of 4/18/2024 is ₹891.435. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Balanced Advantage Fund (G) was launched on Nov 12, 2021. The category risk of the fund is Very High Risk.

The minimum SIP amount for LIC MF Balanced Advantage Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Frequently Asked Questions

What is LIC MF Balanced Advantage Fund (G)?

LIC MF Balanced Advantage Fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid scheme predominantly investing across Hybrid instruments with an investment objective to generate wealth over the long term.

How to invest in LIC MF Balanced Advantage Fund (G)?

You can invest in LIC MF Balanced Advantage Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of LIC MF Balanced Advantage Fund (G)?

The minimum sip amount for LIC MF Balanced Advantage Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is LIC MF Balanced Advantage Fund (G) good to invest in?

As per Scripbox experts, LIC MF Balanced Advantage Fund (G) is a Not Reviewed Yet fund. You can investLIC MF Balanced Advantage Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the LIC MF Balanced Advantage Fund (G)?

The expense ratio of the LIC MF Balanced Advantage Fund (G) is 2.2% for regular plan.